Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

Alternate Symbol(s): ARESF | T.AX.UN | T.AX.PR.I

Real Estate REIT - Diversified

Artis Real Estate Investment Trust is an unincorporated closed-end REIT based in Canada. Artis REIT's portfolio comprises properties located in Central and Western Canada and select markets throughout the United States, including regions such as Alberta, British Columbia, Manitoba, Ontario, Saskatchewan, Arizona, Minnesota, Colorado, New York, and Wisconsin. The properties are divided into three categories: office, retail, and industrial. The industrial properties account for most of the portfolio, followed by the office properties and the retail properties.

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Artis Real Estate Investment Pref Shs Series E > 10 am Reveille for the Shorts

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Comment by EstevanOutsideron May 03, 2024 12:03pm

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Post# 36021827

RE:10 am Reveille for the Shorts

short covering occurred early, i can see the drop in rate fees.

was hoping manji would roast them but he will let them linger on for a bit more which isnt cheap

whoever the dumby was who shorted artis in the $5 range is heavily underwater

not sure what the thesis is now that the distribution survived.. hope and pray for a cut in 3 months?

macro winds turning against them as rates get hammered with more signs of a US slowdown.

not a good time to be short. they have to cover imho

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